Early coal phase-out does not require compensation

As part of discussions around GHG emissions reductions from coal-fired generation units, owners of these units have argued that they would need compensation for lost operating opportunity. Under the schedule for phase-out proposed by the Pembina Institute, investors have an opportunity to recoup invested capital and compensation is neither required nor warranted.

Opinion polling conducted by EKOS Research Associates indicates that most Albertans want stronger climate change policies. A majority of those polled are in favour of reducing carbon emissions to address climate change, investing in renewables to reduce coal use and increasing support for clean energy and technology.

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